But in some good news, Dolph Lundgren who DID star in The Expendables as Gunnar Jensen has confirmed through an interview that he has spoken with Sly about Expendables 2 and had this to say to Screen Junkies who conducted the interview:

SJ: Have you heard any talk of The Expendables 2? DL: Well, I’ve heard plenty from Sly, various ideas. I think from what I can gather, they want to do something next summer. I don’t know if I’m in it 100% but there’s a certain risk of that I guess. I don’t know what the plot is yet but I think some of the old team are coming back and some aren’t. Some will probably get killed and some will survive and he’ll bring in some new blood I’m sure too.